Walmart slid more than 4% despite topping sales expectations in its latest quarter, after the retail giant posted a rare earnings miss—its first since May 2022.

Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation.

Follow all the latest U.S. market action for Thursday here to see if stocks can shrug off their latest rotation-based wobble as investors eye Walmart earnings and continue to eye Fed Chair Powell's ...

Grownups like Powell and Cook are firm, but restrained. In a piece about Powell this week the WSJ quoted one of his former colleagues as saying, “I think it is no more subtle than he wakes up every ...

Federal Reserve Chair Jerome Powell is set to give what could be his most consequential speech yet — just a few days after one of his colleagues was threatened with prosecution for alleged mortgage ...

The independence of the US Federal Reserve is under scrutiny. President Trump has pressured the Fed to cut interest rates. He ...

The Department of Justice will investigate Federal Reserve Governor Lisa Cook based on a criminal referral with allegations about Cook's mortgages, according to a letter obtained by CNBC's Sara Eisen.

President Trump and his allies have accused Federal Reserve Chair Jerome Powell of dragging his feet on interest-rate cuts, in an unprecedented pressure campaign. Here are some of the ways Powell has ...

Welcome to the Daily News Brief, CFR’s flagship morning newsletter summarizing the top global news and analysis of the day. Subscribe to the Daily News Brief to receive it every weekday morning.Top ...

Wall Street's main indexes slipped on Thursday, as cautious investors awaited clues on monetary policy from a Federal Reserve conference in Jackson Hole, while big-box retailer Walmart's quarterly ...

The U.S. Justice Department plans to investigate Federal Reserve Governor Lisa Cook, with a top official informing Federal Reserve Chair Jerome Powell of the probe and encouraging him to remove her ...

NEW YORK (AP) — U.S. stock indexes are edging lower on Thursday as Wall Street makes its final moves before the head of the Federal Reserve gives a highly anticipated speech on Friday that could hint ...